Merrill Lynch Stock Orders Delayed by Server Snafu

FRAMINGHAM (03/10/2000) - Merrill Lynch & Co. Inc. experienced intermittent delays with its order entry system throughout the day yesterday due to capacity shortages with its servers. But the problem was fixed by the end of the day with the addition of servers.

Customer orders entered through the firm's Web site were unaffected. However, customer buy and sell orders entered through the firm's domestic retail branch system had to be entered manually, said Selena Morris, a spokeswoman for the New York-based brokerage.

Clients were unaffected by the problem because all orders were time-stamped and entered at the prevailing price, she said.

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